freeamfva: Foam Tape Market Growth Driven By Increasing Demand from Paper

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Foam Tape Market Growth Driven By Increasing Demand from Paper


Reports and Data has published its latest report titled "Foam Tape Market Size, Share & Analysis, By Type (Polyethylene, Polyurethane, Acrylic, and Others), By Resin Type (Acrylic, Rubber, Silicone, And Others), By Technology (Water-Based, Solvent-Based, And Hotmelt-Based), By End-Use (Paper & Printing, Electrical & Electronics, Automotive, And Building & Construction), And By Region Forecast To 2028."To get more news about Foam Tape, you can visit senpinghz.com official website.

According to Reports and Data, the global foam tape market size was 8.58 billion in 2020 and is expected to reach USD 14.24 billion in 2028 and register a revenue CAGR of 6.5% during the forecast period, 2021-2028.
Foam tapes are widely used to fill gaps, provide insulation, absorb sound, and protect various surfaces. These tapes provide enhanced protection against dust, moisture, noise, impact, and temperature fluctuations. Different types of foam tapes are used in appliances and automotive applications. Foam tapes are used for attaching trim parts and bonding seals, and over electronic components and internal housings, and various others. In addition, foam tapes are used for a wide range of binding and sealing applications. Applications of foam tapes are expanding across various manufacturing industries and this is expected to continue to drive market revenue growth over the forecast period.

Foam tapes can withstand high level of vibration, have high strength properties, and are durable against cold, dust, and gas, among others, and are widely used in place of mechanical fasteners. Foam tape is extremely flexible which makes the products highly suitable for filling spaces, and can also be made conformable to join irregular surfaces. Foam tapes have good resistance to moisture, UV rays from sunlight, and impact. Foam tapes are available in a wide range of sizes and cuts such as sheets, slit rolls, and die-cut shapes. Foam tapes are adaptable and provide cushioning, insulation, weatherproofing and ozone resistance, and slip resistance. Foam tapes are also available in various foam ranges such as soft, medium, and firm density foam in closed-cell or open-cell format. PVC, polyurethane, polyethylene, and neoprene are some key compounds used in the manufacturing of foam tapes. Foam tapes generally come in rolls and have a removable backing layer that is peeled off prior to application. Foam tapes offer numerous benefits as compared to mechanical fasteners such as quick and easy application, better thermal and acoustical insulation. Mechanical fasteners on the other hand require holes to be drilled and screw deployment. Drilling and metallic in specific application areas can result in leaks, increased probability of corrosion, and related damage. These are among various other factors driving preference and use, which is contributing steadily to market growth.

In addition, foam tapes are better alternatives to liquid adhesives as adhesives require to be mixed before application, generate waste, require prep time, and have lower shelf life. Use of foam tapes has been increasing in automotive, paper & printing, and a number of other end-use industries in the recent past. Recent R& advancements have led to development of biodegradable foam tapes and improved efficiency of insulating foam tapes, and increasing focus on eco-friendly products and preference for high-efficiency products will continue to support market growth. However, high cost associated with the production and processing of foam tapes is a key factor expected to restrain market growth to a certain extent going ahead.